​How The Job Market Is Faring As Fed Shifts Focus To Employment – Tyler Durden

How The Job Market Is Faring As Fed Shifts Focus To Employment Authored by Andrew Moran via The Epoch Times (emphasis ours), Federal Reserve Chairman Jerome Powell, in his prepared speech at the recent Jackson Hole Economic Symposium, said: “It seems unlikely that the labor market will be a source of elevated inflationary pressures anytime soon. We do not seek or welcome further cooling in labor market conditions.” People wait in line for a job fair to open, in Sunrise, Fla., on June 26, 2024. Joe Raedle/Getty Images Have the central bank’s tightening efforts since March 2022 finally doused the…  — Continue at ZeroHedge News : Read More